Seller's Agent in 2025
Brett DeRocker
First Boston Realty International
(617) 482-3333
3 in this area
65 Total Sales
40 Fay St Unit 604 Boston, MA 02118
South End Neighborhood
1
Bed
1
Bath
938
Sq Ft
$880/mo
HOA Fee
Highlights
- Medical Services
- Tennis Courts
- Jogging Path
- Property is near public transit
- Community Garden
- 3-minute walk to The Underground Dog Park
About This Home
As of March 2025Great opportunity in the South End - ideally situated between SOWA and Ink Block. Action-packed location steps to exceptional shopping and dining, Peters Park, and Whole Foods. This one-bedroom plus den offers a cool factor with nine oversized windows and 10-foot ceilings. Concrete floors plus new light fixtures complete the lofty style of this home. The open-concept kitchen provides a generously sized peninsula with room to accommodate four bar stools creating an ideal space for entertaining. Perhaps the crown jewel of this condo - the OVERSIZED living room with tons of space for formal dining and living. The bonus den creates the ideal space for a home office or guest nook with a treason window to allow light. Spacious bedroom with en-suite bathroom and a full wall of built-in storage. Gateway Terrace Condominium is professionally managed and includes access to a common courtyard with a grilling station. Parking space #34 is available for purchase for an additional $125,000.
Last Agent to Sell the Property
First Boston Realty International Listed on: 11/01/2024
Last Buyer's Agent
James Gulden
Redfin Corp.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,633
Year Built
- Built in 2006
HOA Fees
- $880 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
Home Design
- Entry on the 6th floor
Interior Spaces
- 938 Sq Ft Home
- 1-Story Property
- Concrete Flooring
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heat Pump System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number W:03 P:06390 S:080,4705829
Community Details
Overview
- Association fees include gas, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 138 Units
- Mid-Rise Condominium
- Gateway Terrace Condominum Community
Amenities
- Medical Services
- Community Garden
- Common Area
- Shops
- Elevator
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2024
Closed on
Mar 21, 2025
Sold by
Husein Dina R and Husein Rashad M
Bought by
Akira Mika and Kenny Richard
Seller's Agent
Brett DeRocker
First Boston Realty International
Buyer's Agent
James Gulden
Redfin Corp.
List Price
$749,000
Sold Price
$800,000
Premium/Discount to List
$51,000
6.81%
Views
110
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,209
Avg. Annual Appreciation
6.76%
Original Mortgage
$480,000
Outstanding Balance
$477,553
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$350,656
Purchase Details
Listed on
May 15, 2014
Closed on
Aug 6, 2014
Sold by
Perlman Michael and Oh Annie
Bought by
Husein Dina R and Mohammed Rashad
Seller's Agent
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Anthony Zarbano
Regatta Realty
List Price
$630,000
Sold Price
$619,000
Premium/Discount to List
-$11,000
-1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$371,400
Interest Rate
4%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $800,000 | None Available | |
| Quit Claim Deed | $800,000 | None Available | |
| Deed | $619,000 | -- | |
| Deed | $619,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $480,000 | Purchase Money Mortgage | |
| Closed | $480,000 | Purchase Money Mortgage | |
| Previous Owner | $371,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $800,000 | +6.8% | $853 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $749,000 | -6.4% | $799 / Sq Ft |
| 01/09/2025 01/09/25 | Off Market | $800,000 | -- | -- |
| 01/09/2025 01/09/25 | For Sale | $749,000 | -6.4% | $799 / Sq Ft |
| 12/31/2024 12/31/24 | Off Market | $800,000 | -- | -- |
| 12/18/2024 12/18/24 | For Sale | $749,000 | 0.0% | $799 / Sq Ft |
| 12/09/2024 12/09/24 | Pending | -- | -- | -- |
| 11/01/2024 11/01/24 | For Sale | $749,000 | 0.0% | $799 / Sq Ft |
| 01/27/2020 01/27/20 | Rented | $3,750 | +4.2% | -- |
| 01/12/2020 01/12/20 | Under Contract | -- | -- | -- |
| 12/27/2019 12/27/19 | For Rent | $3,600 | +2.9% | -- |
| 08/04/2016 08/04/16 | Rented | $3,500 | 0.0% | -- |
| 07/26/2016 07/26/16 | Under Contract | -- | -- | -- |
| 07/18/2016 07/18/16 | For Rent | $3,500 | 0.0% | -- |
| 08/05/2014 08/05/14 | Sold | $619,000 | -1.7% | $660 / Sq Ft |
| 05/27/2014 05/27/14 | Pending | -- | -- | -- |
| 05/15/2014 05/15/14 | For Sale | $630,000 | -- | $672 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,391 | $811,000 | $0 | $811,000 |
| 2024 | $8,633 | $792,000 | $0 | $792,000 |
| 2023 | $8,335 | $776,100 | $0 | $776,100 |
| 2022 | $8,362 | $768,600 | $0 | $768,600 |
| 2021 | $8,040 | $753,500 | $0 | $753,500 |
| 2020 | $6,800 | $643,900 | $0 | $643,900 |
| 2019 | $6,588 | $625,000 | $0 | $625,000 |
| 2018 | $6,177 | $589,400 | $0 | $589,400 |
| 2017 | $5,944 | $561,300 | $0 | $561,300 |
| 2016 | $5,937 | $539,700 | $0 | $539,700 |
| 2015 | $6,464 | $533,800 | $0 | $533,800 |
| 2014 | $6,095 | $484,500 | $0 | $484,500 |
Source: Public Records
Agents Affiliated with this Home
-
Brett DeRocker
-
James Gulden
J
Buyer's Agent in 2025
James Gulden
Redfin Corp.
-
D
Seller's Agent in 2020
DeRocker & Khoury
Compass
-
Eric Tam
Buyer's Agent in 2020
Eric Tam
Compass
(617) 803-5683
4 in this area
94 Total Sales
-
Julie Holenport
Buyer's Agent in 2016
Julie Holenport
Coldwell Banker Realty - Boston
(617) 605-3429
10 in this area
53 Total Sales
-
Steven Cohen Team
Seller's Agent in 2014
Steven Cohen Team
Keller Williams Realty Boston-Metro | Back Bay
(617) 861-3636
187 in this area
477 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73308656
APN: CBOS-000000-000003-006390-000080
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